Goodwill and Core Deposit Intangibles (Tables)

9 Months Ended

Sep. 30, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Core Deposit Intangible Assets

The following tables summarize the activity for core deposit intangibles during the nine months ended September 30, 2023.

Core Deposit Intangibles

dollars in millions	2023
Balance, net of accumulated amortization at January 1	$	140
Core deposit intangibles related to the SVBB Acquisition	230
Amortization for the period	(41)
Balance at September 30, net of accumulated amortization	$	329

Core Deposit Intangible Accumulated Amortization

dollars in millions	September 30, 2023		December 31, 2022
Gross balance	$	501	$	271
Accumulated amortization	(172)		(131)
Balance, net of accumulated amortization	$	329	$	140

Schedule of Core Deposit Intangible Assets, Future Amortization Expense

The following table summarizes the expected amortization expense as of September 30, 2023 in subsequent periods for core deposit intangibles.

Core Deposit Intangible Expected Amortization

dollars in millions
Remainder 2023	$	17
2024	63
2025	54
2026	46
2027	39
2028	34
Thereafter	76
Balance, net of accumulated amortization	$	329